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    1416 Meyer Ave Evansville, IN 47710

    For Lease
    Contact for pricing

    8,150 SF Industrial Space Available

    Lot size:
    8,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8,150-square-foot distribution facility, located at 1416 Meyer Avenue in Evansville, Indiana, presents a rare opportunity. Built in 2010, this single-story building boasts a 12-foot ceiling height, ideal for efficient warehousing and logistics operations. The property features 26 loading docks, significantly enhancing operational capacity and streamlining the shipping and receiving process. Its strategic location within the Northside submarket of Evansville, Vanderburgh County, offers excellent access to major transportation routes. The property is zoned M-2, allowing for versatile usage, and includes the unique advantage of being a cross-dock facility, further optimizing workflow. Currently, one space is available for lease, offering a sublease opportunity extending through December 31, 2027. The monthly lease price is $500 per dock, and it's important to note that utilities, property expenses, and building services are not included in the lease rate. This property is perfect for businesses seeking a well-equipped, strategically located distribution center in the Evansville area. The property's zoning also allows for outside storage, adding to its functional versatility.

    Property Features for 1416 Meyer Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,150 SF

    Building Details

    Year Built
    2010
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Cross Dock
    Size
    8,150 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AAA Cooper Transportation Trucking Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.583837618808
    Latitude
    38.005630629958

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    FAQs

    What type of property is this?
    Distribution property - 8,150 SF Industrial Space Available
    Where is this distribution property located?
    The property is located at 1416 Meyer Ave Evansville, IN.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1416 Meyer Ave Evansville, IN 47710
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